Quo Vadis Platinum? Short term forecast
In the context of the marked improvement in economic activity, analysts expect the last three months of 2020 to see
Read more
News
STATE CAPTURE: ABB to pay back R1.56bn to Eskom
The SA branch of the international automation firm ABB was ordered to pay R1.56-billion to Eskom to settle an overpayment
Read more
Anglo American reports strong performance and sustainable returns
Anglo American has updated on the Group’s sustained operational and financial performance during 2020. Anglo American maintained a strong performance
Read more
Equinor, Panasonic and Hydro to start European battery business
OSLO, NORWAY – Energy company Equinor, technology company Panasonic, and industrial group Hydro have signed a Memorandum of Understanding to
Read more
Three top plastic polluters for third consecutive year
The CocaCola Company, PepsiCo and Nestlé have been ranked as the world’s top plastic polluters for the 3rd consecutive year
Read more
Maria Ramos appointed AngloGold Ashanti Chair
JOHANNESBURG – The Board of AngloGold Ashanti is pleased to advise that Independent Non-Executive Director Maria Ramos has been appointed
Read more
South Africa: Economic outlook for 1H21
Global economic growth recovery is anticipated to continue into 2021. However, the resurgence of COVID- 19 infections will weigh on
Read more
Glencore CEO Glasenberg to retire, to be succeeded by Nagle
BAAR, Switzerland – Glencore has announced that Ivan Glasenberg will retire as CEO and as a member of the Glencore
Read more
Climate-smart mining facility
The World Bank has launched its new Climate-Smart Mining Facility, aimed at building partnerships to manage the role mining will
Read more
Finch: SA economy not likely to recover over medium term
Fitch Solutions does not forecast South Africa’s economy to fully recover from the Covid-19 pandemic over our medium-term forecast period
Read more
Barrick Gold listed again in Dow Jones Sustainability Index
TORONTO – Barrick Gold Corporation has retained its listing in the prestigious Dow Jones Sustainability Index’s (DJSI) World Index, ranking
Read more
DRDGOLD wins Sunday Times Top 100 Companies Awards
JOHANNESBURG – DRDGOLD has announced that it was named the Sunday Times Top 100 Company of the Year. In 2020,
Read more
Court case against Sibanye-Stillwater dismissed
JOHANNESBURG – Sibanye-Stillwater has advised that on 10 November 2020, a Brooklyn, New York, Federal Court dismissed with prejudice, a
Read more
Jubilee Metals’ revenue increases sharply
Jubilee, a metals processing company, has announced its audited results for the year ended 30 June 2020. Group Revenue increased
Read more
Gold tumbles 5% after upbeat vaccine news
After reaching a high of $1965/oz, gold beat a sharp retreat yesterday, sagging over 5% after Pfizer announced that its
Read more
Biden elected president, CONGRATULATIONS!
Joseph Robinette Biden Jr. was elected the 46th president of the United States on 7 November 2020, promising to restore
Read more
Will economy change under Trump’s four more years?
Four more years of the Trump administration will look very like it does now, economy-wise. The Covid-19 pandemic will continue
Read more
Will economy under President Biden flourish?
Global markets have continued to rally in recent days as Democrat Joe Biden looked set to take the presidency from
Read more
Sibanye’s credit rating upgraded amid strong gold and PGM
S&P Global Ratings has upgraded Sibanye-Stillwater’s issuer credit rating to ‘BB-’ from ‘B+’ with a Stable Outlook. In a recent
Read more
NASA prices metallic asteroid at $10,000 quadrillion
NASA believes asteroid “16 Psyche”, which is orbiting the Sun, might contain metals worth $10,000 quadrillion ($10 quintillion, that’s $10,000,000,000,000,000,000
Read more
Metso Outotec divests its operations in Vereeniging
Consultations evaluating the closure or other alternatives related to former Metso operations in Vereeniging, South Africa, have been concluded. The
Read more
Eskom wants R100bn on grid extension
During a briefing, Eskom CEO Andre de Ruyter has said Eskom planned to spend a R100 billion to expand its
Read more
Zim mining boss arrested while smuggling 6kg of gold to Dubai
Henrietta Rushwaya has been arrested by Zimbabwe police who is the boss of the Zimbabwe Miners Federation and formerly the
Read more
Investing in African Mining Indaba 2021 cancelled due to COVID-19
The 2021 edition of Investing in African Mining Indaba has been cancelled due to the ongoing uncertainty caused by COVID-19.
Read more
Tito’s speech tells clearly depth of economic crisis
The Minerals Council South Africa believes that Finance Minister Tito Mboweni has delivered a Medium Term Budget Policy Statement (MTBPS)
Read more
South Africa cannot afford another hard lockdown
If reports that South Africa could again enter a hard lockdown are correct, then this will have dire consequences for
Read more
Anglo American continues its strong operational recovery
Anglo American, in its production report for the third quarter ended 30 September 2020, says its copper production increased by
Read more
Global Industry Standard on Tailings Management
The catastrophic dam collapse at Vale’s Corrego de Feijao mine in Brumadinho was a human and environmental tragedy that demanded
Read more
Eskom probe: four arrested, over 5 000 facing DC
Members of Parliament have heard how R44.4 million was channelled from Eskom’s contractors, through sub-contracted companies, to four Eskom officials
Read more
BHP driven by solid results in metallurgical coal and iron ore
BHP has started the new financial year with a strong first quarter of safety and production performance. Group production rose
Read more